Bitcoin Hits New All-Time Highs in Multiple Currencies, Surges Past $71,785 and 11 Million Yen

May 21, 2024, 09:39 AM

Bitcoin has reached new all-time highs in multiple currencies, including the Japanese yen, Argentine peso, and Philippine peso. The cryptocurrency surged past $70,000, peaking at $71,785, and is currently trading at $70,945, just $2,500 shy of a new all-time high. In Japan, Bitcoin exceeded 11 million yen for the first time. Analysts are optimistic about further gains, with some predicting a potential rise to $80,000, with $72k next up.